Recent Posts

Russia Is Ready To Replace France In West Africa

Finally, France will be leaving Mali, nearly a decade after the original military intervention in 2013. The repercussions of this decision will hardly be confined to this West African nation, but will likely spread to the entirety of the Sahel Region; in fact, the whole of Africa. France’s decision to …

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Yet More On Inflation

Last week, I was on a panel with Jason Furman and Joseph Stiglitz, discussing the recent surge in inflation and the prospects for the future. We took some questions from the audience, but there were a number for which we did not have time. I have picked some of these …

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The Ukrainian War In The Economic Arena

War, as well as causing death and destruction, is harmful to economies: it destroys physical and human capital, increases uncertainty and stifles investment and consumption. But in addition to the direct economic impact of the war in Ukraine –which will bring both the Ukrainian and, owing to Western sanctions, the …

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